Exclusive: Tesla plans mass production start for Cybertruck at end of 2023
Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck Chief Executive Elon Musk unveiled in 2019, two people with knowledge of the plans told Reuters.
Analysis: Ukraine invasion sets back Musk’s dream for cheaper EVs, for now
Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of Tesla (TSLA.O) Chief Executive Elon Musk and other auto executives to roll out more affordable electric vehicles.
Ford records $8.2 bln fourth-quarter gain from Rivian investment
Ford Motor Co (F.N) said on Tuesday its fourth-quarter results would include an $8.2 billion gain on its investment in Rivian Automotive Inc (RIVN.O), following the electric-vehicle maker’s blockbuster market debut in November.
Ford crosses $100 bln in market value for the first time
Ford Motor Co’s (F.N) market value breached $100 billion for the first time on Thursday, as more investors bet on the Detroit automaker’s electrification strategy.
